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Nikola Stock Bullish Momentum With A 9% Jump So Far Today

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) jumped 9.89% to $1.45 at 11:41 EST on Wednesday, following the last session’s upward trend. NASDAQ is sliding 1.42% to $13,473.65, after two sequential sessions in a row of losses. This seems, up to now, an all-around negative trend exchanging session today.

Nikola’s last close was $1.32, 85.28% under its 52-week high of $8.97.

About Nikola

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Nikola has a trailing twelve months EPS of $-1.9.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -137.05%.

Volume

Today’s last reported volume for Nikola is 82234730 which is 89.26% above its average volume of 43449200.

Sales Growth

Nikola’s sales growth is negative 16.8% for the current quarter and 37.9% for the next.

Yearly Top and Bottom Value

Nikola’s stock is valued at $1.45 at 11:41 EST, way below its 52-week high of $8.97 and way above its 52-week low of $0.52.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Nikola’s EBITDA is 12.2.

More news about Nikola (NKLA).

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